Pirates of the Caribbean 5 Delays Release Until 2016

Disney has postponed the release of Pirates of the Caribbean: Dead Men Tell No Tales from July 10, 2015 until sometime in summer 2016 because the script is not yet shipshape.

As Deadline explains, "the studio and producer Jerry Bruckheimer have an advanced outline from scribe Jeff Nathanson, who is writing. They have directors Joachim Roenning and Espen Sandberg, who did a great job with a modest budget on Kon-Tiki, but who are new to the big scale of a film like Pirates. The studio would have to get into production by February, which would mean prepping off the outline.The decision was made that it wasn’t worth rushing until they are sure the script is right. Why not take the time to do a proper job with one of Disney’s most important tentpoles?"

Johnny Depp will return as Captain Jack Sparrow for the fifth Pirates of the Caribbean movie.

The industry-wide speculation is that Disney simply doesn't want a repeat of another Bruckheimer/Johnny Depp production, The Lone Ranger, which cost the studio a fortune when it bombed at the box office this summer.

Depp is set to reprise his role as Captain Jack Sparrow for what will be the fifth installment in the billion-dollar franchise.